LVMUY - LVMH Is An Attractive Opportunity (Luxury Goods Series)
This is the first in a series of articles covering the luxury goods industry. In it I argue that LVMH possesses unique brand strengths, excellent management, growth in end markets, and represents a good long term value purchase at today's price, particularly on a relative basis. The competitors in the space include: LVMH (LVMUY), Compagnie Financiere Richemont (CFRUY), Hermes (HESAY), Kering (PPRUY), Swatch Group (SWGAY), Burberry (BURBY), and Tiffany (TIF). Others such as Luxottica (LUXTY) and Ralph Lauren (